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Home ON St. Catharines - Niagara Niagara Region Welland Market Square
220-222 KING STREET
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220-222 KING STREET $850,000
$850,000
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220-222 KING STREET
Welland (Welland Downtown), Ontario L3B3J7

MLS® Number: X12407231

Listing Description

Attention Builders, Developers, Investors, and Visionaries! A rare and exceptional opportunity to acquire two (2) side-by-side mixed-use commercial properties in the heart of Downtown Welland (Also see 226 King Street - offered in conjunction or separately).These properties are located within the Welland Community Improvement Plan (CIP) zone, making them eligible for potential redevelopment incentives, grants, and municipal planning support - ideal for builders, owner-operators, and forward-thinking investor visionaries. Zoned DMC (Downtown Mixed-Use Commercial), both parcels offer outstanding flexibility and potential for future expansion, including condominiums, medical or professional offices, retail storefronts, and more. Currently, the buildings generate multiple income streams from fully tenanted commercial and residential units. The ground-floor retail space benefits from excellent exposure and consistent foot traffic during local events, farmers markets, and downtown festivals. Well-established commercial tenants are in place and willing to remain. The upper-level residential apartment provides stable rental income and remains in high demand due to its central location just steps from the scenic Welland Canal, Merritt Park Amphitheatre, and the floating stage. This site is positioned within a vibrant, walkable district that is actively undergoing revitalization as part of Welland's city rejuvenation plan. Don't miss this opportunity to capitalize on a high-potential, income-producing asset in the rapidly growing core of Downtown Welland. Buyer and buyers representatives to verify all measurements, uses, taxes, zoning, and future development requirements. Due your due diligence. (41277817)

Location Description

Cross Streets: King / State. ** Directions: Located on the East side of King Street, just north of State street.

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Community Name
768 - Welland Downtown
Land Size
33 x 114.4 FT
Annual Property Taxes
$6,329
Time on REALTOR.ca
90 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
2775 sqft

Land

Lot Features
Frontage
33 ft
Land Depth
114 ft ,4 in
Other Property Information
Zoning Description
Downtown Mixed Use Commercial (DMC)
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AMANDA ABERGEL